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UTSTARCOM HOLDINGS CORP. to be Featured at 2014 MarcumBP China Best Ideas Investment Conference

HONG KONG, Aug. 29, 2014 /PRNewswire/ -- UTSTARCOM HOLDINGS CORP. (NASDAQ: UTSI) announced today that it has been selected as a featured company at the second annual MarcumBP China Best Ideas Investment Conference on Tuesday, September 16th, 2014 at the St. Regis hotel in Beijing.

The China Best Ideas Conference is designed to introduce investors to Chinese companies that  are well positioned for growth, have solid and transparent business models, and adhere to high corporate governance standards. The conference, which is hosted by Marcum, Bernstein & Pinchuk LLP ("MarcumBP") also provides a forum for investors, senior management, and professionals who desire to enhance the practices and market quality for Chinese companies listed overseas.

Senior executives from UTSTARCOM HOLDINGS CORP. including Mr. William Wong, Chief Executive Officer, and Mr. Min Xu, Chief Financial Officer, will be making a presentation to investors at 9:00am and will also be available for selected one-on-one meetings with investors. The power point presentation is available for downloading at https://www.utstar.com/investor-relations or by request to Jane.zuo@utstar.com

About MarcumBP 2014 China Best Ideas Investment Conference

The conference, hosted by Marcum Bernstein & Pinchuk LLP, is designed to highlight those Chinese companies that have demonstrated strong financial performance, robust business models, and excellent corporate governance. The conference will showcase companies ranging from large-cap to small-cap in growth sectors including internet, IT, consumer, media, healthcare, and education. With input from investors and analysts, your company has been selected as one of the "best-of-the-best" names.

Last year, the conference attracted several hundred institutional investors, private equity investors, and investment bankers, and the companies that were selected have shown share price increases of over 50% on average. Given the increased number of Chinese IPOs in recent months and the structural changes to China's economy, we expect an even stronger level of attendance at our 2014 event.

The conference provides the opportunity for group presentations, which last year averaged well over 50 participants, and a full day of one-on-one meetings. The conference is free to attend for all institutional investors, who can register at

https://www.marcumbp.com/CBIIC/registration.htm. For information about sponsoring or attending the event please contact Summer Chen at summer.chen@marcumbp.com or +1(646) 472 1876

About UTStarcom Holdings Corp.

UTStarcom (NASDAQ: UTSI) is a global telecom infrastructure provider dedicated to developing technology that will serve the rapidly growing demand for bandwidth from cloud-based services, mobile, streaming and other applications. We work with carriers globally, from Asia to the Americas, to meet this demand through a range of innovative broadband packet optical transport and wireless/fixed-line access products and solutions. The Company's end-to-end broadband product portfolio, enhanced through in-house Software Defined Networking (SDN)-based orchestration, enables mobile and fixed-line network operators and enterprises worldwide to build highly efficient and resilient future-proof networks for a range of applications, including mobile backhaul, metro aggregation, broadband access and Wi-Fi data offload. Our strategic investments in media operational support service providers expand UTStarcom's capabilities in the field of next generation video platforms. UTStarcom was founded in 1991, started trading on NASDAQ in 2000, and has operating entities in Tokyo, Japan; San Jose, USA; Delhi and Bangalore, India; Hangzhou, China. For more information about UTStarcom, please visit https://www.utstar.com.

Contact:

Jane Zuo
UTStarcom Holdings Corp.
Tel: +852-3750-7632
Email: jane.zuo@utstar.com

About Marcum Bernstein & Pinchuk LLP
Marcum Bernstein & Pinchuk LLP is a recognized leader in providing SEC accounting and advisory services to companies with significant operations and financial interests in Asia. Ranked #4 in the top 20 SEC Practices in China Audit Firms by Audit Analytics, MarcumBP offers a full range of audit and assurance, tax and transaction advisory services for clients in a variety of industries throughout the world with the full resources of its parent company, Marcum LLP, a top-ranked accounting and advisory firm with 23 offices in the U.S., China and Grand Cayman. For more information, please visit: www.marcumbp.com

CONTACTS:

Marcum Bernstein & Pinchuk LLP
Andrea Cheng
Marketing Director
Marcum Bernstein & Pinchuk LLP,
+1-347-952-5977
Andrea.Cheng@marcumbp.com

SOURCE UTStarcom Holdings Corp.